Medical research confirms one of the first things people have trouble with in the very early stages of dementia is managing personal finances. This means people can make very expensive financial mistakes, often before anyone notices there is a problem. I have seen...

… The new budget proposal targets various estate planning tools utilized by taxpayers in an effort to limit tax loopholes and generate revenue In the midst of the budget battlefield, many estate planning attorneys are closing watching the President’s budget proposal....

The transfer of a residence to an IDGT is a strategy that enables a wealthy family to remove a valuable asset from their estate without impinging upon liquidity. It is built upon using time-tested estate planning concepts that are very likely to remain through...

IDGTs and GRATs (along with many other income, gift and estate planning strategies) came under attack in the Obama Administration’s Fiscal Year 2013 Revenue Proposals (the “Green Book”) which, if enacted into law, could essentially eliminate the use of IDGTs and...